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Amy Grossman
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Breakout Session
April 21, 2017 | 11:00 AM

Leveraging Complex Assets to Maximize Impact for Your Clients

Amy Grossman, Fidelity Charitable

Are you offering your clients the most favorable tax solutions? Don't overlook their charitable giving. One of the best ways to enhance a client's holistic financial plan and charitable giving strategy is to help them identify the right assets to give and the right time to give them. Amy Grossman, Vice President of the Complex Asset Group at Fidelity Charitable, will discuss the growing trend of contributing privately-held business interests (C-and S-Corp stock, LP interests, and LLC interests) to public charities. Nearly every transaction presents a strategic charitable planning opportunity that could allow the selling shareholders to give significantly more to charity than they otherwise thought possible. While many advisors have helped clients facilitate charitable contributions of cash or publicly-traded securities, contributing complex assets can be an incredibly impactful strategy for your clients. Complex asset, such as private company, restricted stock, limited partnership interests and other seemingly illiquid assets, are often the most tax efficient asset to give and can help your clients effectively fund their charitable giving.  This session will explore the key considerations and opportunities of this under-utilized client approach to charitable giving.  Attendees will: 

- Discover why complex assets are the most tax-efficient way to give
- Learn how to identify the right assets to donate and choose the right charitable vehicle
- Understand how philanthropic advisors can help their clients through the donating process

   

AMY M. GROSSMAN, J.D.

Amy M. Grossman is vice president at Fidelity Charitable®, an independent public charity that has helped donors support more than 220,000 nonprofit organizations with over $23 billion in grants since its inception in 1991. The mission of Fidelity Charitable® is to further the American tradition of philanthropy by providing programs that make charitable giving simple and effective.  She brings significant knowledge and technical expertise to donors who wish to contribute sophisticated assets, such as privately held C-corp or S-corp shares, to charity. Ms. Grossman works directly with donors, their advisors, and corporate and business lawyers to facilitate charitable contributions of these assets to achieve the most favorable tax treatment with the greatest charitable impact.

Prior to joining Fidelity Charitable, Ms. Grossman was a Managing Director in  the private banking division at Credit Suisse where she held various leadership roles including head of the Corporate and Executive Services Group, which specialized in diversification strategies for holders of concentrated equity positions. Before that she was vice president and restricted stock specialist at Montgomery Securities. She was also an attorney for Thelen, Marin, Johnson & Bridges, LLC in San Francisco.

Ms. Grossman’s strength is providing strategic advice on the full spectrum of monetization, hedging and diversification strategies, as well as estate and gift tax planning for pre- and post-liquidity events. 

Ms. Grossman received her bachelor of arts degree, magna cum laude, from University of Pennsylvania and her juris doctorate, cum laude, from Boston University School of Law. She is admitted to practice law in the State of California.

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